Economy

Mukesh Ambani AGM speech to unveil Reliance GigaFiber plans

Mukesh Ambani AGM speech to unveil Reliance GigaFiber plans”

According to our estimates, BSNL has around 6 million wired broadband subscribers, which gives it a share of about 30% out of the total wired broadband subscriber base of 18.5 million users in India. One expectation is that an announcement will be made on the launch of fibre-to-the-home (FTTH) service of Jio GigaFiber, a combo service of broadband, TV and fixed landline. This AGM, too, it is expected that a new Jio Phone 3 model might be announced by the Ambani family. The biggest news was of course was the date of the Jio Fiber commercial launch - September 5.

Reliance Jio is now running a preview offer for users in India.

Ambani had, in the RIL AGM past year, opened up the registration process for GigaFiber. JioGigaFiber would provide ultra high-definition entertainment on large screen TVs, multi-party video conferencing from a living room, voice-activated virtual assistance, virtual reality gaming, digital shopping and immersive experiences. Data speed will be around 50mbps and consumers will get 100GB per month.

At the 41st AGM, Reliance Industries Chairman and Managing Director Mukesh Ambani had said that "The company has already invested more than $250 million in the industry". An unlimited global calling pack for calls to U.S. and Canada was also announced for Rs. 500. Reports have also talked of Rs 600 per month Triple Play Plan, which will bundle broadband, Internet Protocol TV services (IPTV), and landline all-in-one for the customer. This is, however, lower than ARPU of Rs 126.2 per subscriber per month seen in the March quarter.

More news: Lana Del Rey donates proceeds from new single to mass shooting victims

Plan 1: Basic 100Mbps connection: Jio, under this plan, could offer only the broadband service with a minimum speed of 100Mbps.

"India because of you, Jio has not only become the largest operator in India but is the second largest operator in the world on a single platform", he said.

What to expect In the last few years, he has been busy painting a lush green picture of his latest venture-Reliance Jio which disrupted India's telecom market or will say something that shareholders would want to listen- that he is increasing prices?



Like this

loading...
loading...

Latest


12 August 2019
Kyle Kuzma makes first cut for USA Basketball roster for World Cup
The Americans are scheduled to take on Spain in an exhibition in Southern California on August 16. If Lowry is healthy enough to play, he is a lock to make the roster as a 2016 Olympian.

12 August 2019
Van Dijk backs Adrian to cover for injured Alisson
Klopp added that he was pleased with the win but insisted his team should have taken control of the game more in the second half. Liverpool on Friday defeated Norwich 4-1 at Anfield to kick off their premier league 2018-19 season in style.

12 August 2019
Springboks celebrate winning Rugby Championship for first time after dismantling Pumas
The competition has been shortened to one round of matches due to the Rugby World Cup in Japan which starts on September 20.

12 August 2019
Six questions about: The disappearance of Irish teen Nora Anne Quoirin
Yesterday, the police said they were very anxious about her welfare and uncertain how much longer can she survive. He added these houses were in the villages surrounding The Dusun resort, where 15-year-old Nora was last seen.

12 August 2019
Cable car crash in Canada caused by vandalism, say police
The gondola wasn't operating at the time and nobody was injured. "The cable was absolutely, without question, tampered with", Mr. Police said no one was injured and asked for information from nearby hikers and campers who may have witnessed the incident.

12 August 2019
Trump Slams Violent Video Games, Urges Death Penalty for Mass Shooting Perpetrators
Following that meeting, the White House published a 90-second montage of violent video game scenes . The 7-2 decision cited a lack of evidence tying video games to violent acts and aggression.

12 August 2019
Tribute held at Dallas airport for American Vietnam vet decades after death
Knight's son, Brian, was the pilot who flew the remains home to Dallas on Thursday. "He deserves it", Knight told Global News . Southwest Captain Bryan Knight was five years old in 1967 when he last saw his father, Colonel Roy Knight.

12 August 2019
Inmate who escaped from Tennessee prison on a tractor now in custody
When Johnson didn't show up for work, co-workers discovered Johnson's body at her home at 11:30 a.m., according to the affidavit. A warrant was issued charging him with first-degree murder, especially aggravated burglary and aggravated sexual battery.

12 August 2019
Chase Bank wipes out All Outstanding Debt Owed by its Canadian Customers
Based on his report, Turner still owed the bank $6,157 in his Amazon.ca Rewards Visa card. "I couldn't believe it". Some customers said they were left stunned when they learned of the debt forgiveness.

12 August 2019
Schools in Gilroy, El Paso and Dayton Receive Singer's Support
The song was a smash with critics as well, as it won an Oscar, a Golden Globe and two Grammys this past awards season. Gaga and co-writers Mark Ronson , Anthony Rossomando and Andrew Wyatt released " Shallow " in 2018.